Electronic Payment Associate (Wire And Ach Processing)

Come work with us:

Metropolitan Commercial Bank, The Entrepreneurial Bank Since 1999, is headquartered in New York City and operates full-service banking centers in Manhattan; Boro Park, Brooklyn; and Great Neck, Long Island. Metropolitan Commercial Bank is a New York State chartered commercial bank, an FDIC member and an equal opportunity lender. The parent company of Metropolitan Commercial Bank, Metropolitan Bank Holding Corp., is a publicly traded company.

Did you know? Metropolitan Commercial Bank was named by Piper Sandler as one of the Bank & Thrift SMS-All Stars for the year 2022!

About the role:

The job holder performs a variety of integral and unsupervised responsibilities within the Operations Department, focused primarily on transaction control, reconciliation and reporting.

Duties and responsibilities of the job include the following (but is not limited too):

• Process ACH files, prove ACH General Ledger accounts
• Verifying the existence of a facsimile agreement when needed
• Performing verification of account titles and account numbers to wire beneficiary
• Blocking foreign wires on accounts that are ineligible to receive foreign wires
• Review deposits on Source Capture system
• Process incoming / outgoing wire transfers including foreign wires
• Set up all new originators through ACH system
• Review and clear OFAC hits in wire and ACH systems
• Oversee the Resident Banking-Health Care System. Import the daily informational file, completing new enrollments, supporting the maintenance process for rejected or erroneous entries as necessary. Return ACH entries as instructed by the Health Care Administrators due to death of participant or ineligible benefits.
• Cash letter adjustments and exception resolution
• Complete client risk assessments
• Review & process reclamations, POA’s; send emails to the nursing homes and Global Payments Clients and follow-up
• Performing wire verification for outgoing wires (i.e.: call backs)

Preferred experience, education, and qualifications:

• Work independently while understanding the necessity for communicating and coordinating work efforts with other employees, departments, divisions, etc.
• Perform quality work within determined timeframes.
• Working knowledge and understanding of federal/state laws regarding bank operations
• Interact professionally with other employees, customers, vendors and shareholders.
• Work on ad-hoc tasks, assignments and projects as needed.
• Ability to operate banking software and other general office equipment.
• Able to work with minimal direction, demonstrate proactive problem-solving ability, deal with time pressures and changing priorities.
• At least 5 years banking experience, particularly in Wire transfer and ACH processing and related products/procedures experience and knowledge.
• Strong organizational, verbal, and written communication skills.
• Prefer bachelor’s degree or equivalent work experience in the field of banking or finance.

Potential Salary: $63,000 - $68,000 annually

This salary range only reflects base wages and does not include benefits, bonus, or incentive pay. Salary bands are purposefully wide ranging to encompass the different factors considered in determining where a candidate falls in the range, including but not limited to, seniority, performance, experience, education, and any other legitimate, non-discriminatory factor permitted by law.

Metropolitan Commercial Bank provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

This applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.